Brazilian core banking firm Pismo lands $108m Series B from Amazon, SoftBank
Pismo plans to break into the US, Europe, and Asia in the coming years.
Pismo plans to break into the US, Europe, and Asia in the coming years.
US regulator says Tether only backed by reserves for six and a half months between 2016 and 2018.
Cardoso joins from Standard Chartered, where he worked as a senior managing director.
Lunar founder and CEO Ken Villum Klausen says payments will be “at the forefront of our next growth phase”.
Goldman becomes the second US bank to buy out its Chinese mainland joint venture partner.
New financing follows an undisclosed investment from Visa last year.
California-based firm will look to expand its product offering and grow its team.
CEO says firm will also “double down” on growth in India and Dubai.
Trade union Unite says its numbers have swelled following “growing disenchantment” from FCA staff.
Steve Tryner joins as CFO and fintech veteran Stephen Chang joins as VP of operations.
The Massachusetts-based firm is also taking a handful of ancillary Finastra systems.
Former governor of the Bank of England gave an optimistic closing keynote at Sibos 2021.
Another batch of funding rounds you may have missed this week in fintech.
Some call for customer-set limits as contactless becomes more regular among users.
Start-up also plans to release two new digital-led products.
The latest increase has been met with concern and confusion.
Panel says interoperability of CBDCs is necessary to avoid inefficiencies and poor outcomes.
Investment forms part of a 10-year partnership to deliver mobile financial services in the region.
Norwegian banking group plans revamp of currently manual processes.
Open banking infrastructure firm to help German cash management company connect users’ accounts.
Productfy provides companies with embeddable modules for payments, deposits, and card issuance.
The Coreless Bank platform is designed to help firms modernise their core banking infrastructure.
BEP will make up part of new banking solution provider formed by Norland Capital.
Speaking at Sibos 2021, Frédéric Oudéa says CBDCs “might be more efficient than, and might replace, cash”.
French banking group plans to have 30% of its retail products sold online by 2025.
Prepaid debit card firm plans to roll new system out across multiple channels.
This new cartoon illustrates how the excess of cash is diminishing the ‘Valley of Death’ for many start-ups.
Investment and connectivity have created “vast opportunities”, says Sim Tshabalala.
How finance can tackle climate change has been a key topic at Sibos this year.
Open raises $100 million to expand into new markets, including the US.
Ybarra says that banks like Citi must work with, rather than against, change.
German commercial bank says it analysed the “full solution market” before making its choice.
The Immediate Cross-Border Payments project also involves 11 financial institutions.
FinTech Futures interviews Peter Dehaan, new business director for cash and liquidity management at SmartStream.
Payments panel at industry conference cautions sector about incoming standard.
The cash will be used to spur the firm’s global expansion plans.
Fisher & Paykel selects SmartStream Air to automate its currently manual reconciliation processes.
Lola announced a cessation of operations last month.
Dock CEO Antonio Soares says the move will provide “immediate value to our customer base”.
Puerto Rican lender aims to serve retail and commercial customers with new system.